Full Year 2014 Earning Results FEBRUARY 18 TH , 2015 Disclaimer - PowerPoint PPT Presentation

Full Year 2014 Earning Results FEBRUARY 18 TH , 2015

Disclaimer This document includes forward ‐ looking statements relating to Ingenico Group’s future prospects, development and business strategies. By their nature, forward ‐ looking statements involve risks and uncertainties and are not guarantees of future performance. Ingenico Group’s financial condition and results of operations and the development of the industry in which Ingenico operates may differ materially from those made in or suggested by the forward ‐ looking statements contained in this document. In addition, even if Ingenico Group’s financial condition and results of operations and the development of the industry in which Ingenico operates are consistent with the forward ‐ looking statements contained in this document, those results or developments may not be indicative of results or developments in future periods. Ingenico does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward ‐ looking statements to reflect events that occur or circumstances that arise after the date of this document. In addition, the occurrence of certain of the risks described in the “Risk Factors” sections of the French language Document de Référence 2013 filed with the Autorité des marchés financiers (the “AMF”) on March 28 2014 under number D.14-0236 may have an impact on these forward ‐ looking statements. 2 Ingenico Group – FY 2014 Results

Agenda FY 2014 • Review of 2014 key highlights Philippe Lazare – Chairman & CEO • Financial results Patrice Durand – EVP Finance & Operations • Group transformation in action Philippe Lazare – Chairman & CEO towards 2015 3 Ingenico Group – FY 2014 Results

Review of 1 2014 key highlights FY 2014

FY 2014 / Group transformation in action Outstanding operating and financial performance FY14 revenue: €1.6bn / Double digit growth across all regions and business segments • EBITDA at historic high: 23.4% • Profit attributable to shareholders: €172M; +43% • Free cash flow: €255M; +44% • Proposed dividend: €1; +25% • Acceleration of the Group transformation strategy New brand platform reflecting the Group’s evolving profile and ambition • Acquisition of GlobalCollect • At the cutting edge of innovation • 2015 guidance: Continued profitable growth Like-for-like growth: c.10% • EBITDA margin: c.21% • 5 Ingenico Group – FY 2014 Results

Multi-local approach / driving strong performance North America Europe SEPA Asia Pacific - # 1 in - #1 in - # 1 in China**: 1/3 Europe** Canada** of 2014 - Deploying - EMV and shipments payment NFC - Increased services, deployment commercial whatever in the US network the channel +47%* (Indonesia) +10%* +21%* - Densifying - #1 in the Brazil** distribution - Gaining network traction - Contactless across the solutions region +23%* deployment +17%* Latin America EMEA *FY14 Growth rate at constant FX & scope **Ranking for terminal business 6 Ingenico Group – FY 2014 Results

A comprehensive offer / building a seamless agnostic offer, whatever the channel IN-STORE ONLINE MOBILE #1 in payment terminals • 170 countries 100K merchants • • worldwide connected to our 40K+ merchants • platform NFC/EMV native / 11+ million • connected to our plaforms NFC terminals to date / Operating in 14 • Continued to add new • shipments ~ x2 in 9 months countries payment methods: CUP, # in-store transactions processed • SEQR (Seamless/QR code)… Full integrated offer • in December 2014: +14% 7 Ingenico Group – FY 2014 Results

Trusted partner / from small merchants to global brands Example of 2014 customer cases / simplifying payment while enhancing consumer experience smart terminals / in-store / online/ EMV end-to-end mobile mobile encryption solutions payment 8 Ingenico Group – FY 2014 Results

Accelerating Group transformation towards software and services / GlobalCollect acquisition 2014PF* Revenue €1,846M including €397M 2009 Revenue from e-payments / €701M 22% contribution 32% 68% 12% 88% *2014PF revenue including GlobalCollect contribution 9 Ingenico Group – FY 2014 Results

2014 / at a glance • Outstanding operating and financial performance • Strategy tailored to each territory • GlobalCollect acquisition accelerating the Group transformation strategy • Focus on innovation and development 10 Ingenico Group – FY 2014 Results

Financial 2 Results FY 2014

Basis of presentation for FY 2014 financials For a better understanding of the Group’s performance Operating performance and income statements in this presentation are prepared on • an adjusted basis, i.e. exclude the impact of PPA amortization (IFRS3) Foreign exchange gains and losses (including hedging) are reported in the income • statement depending on their nature 2013 financial data include Ogone contribution starting January 2013 and exclude • TransferTo as of December 1 st 2013 pro forma financial data have been restated from January 1 st , 2013 to reflect • TransferTo divestiture, and reclassification of specific R&D direct costs related to Group’s Services platforms as operating expenses to achieve uniform accounting for R&D costs throughout the Group 2013 pro forma revenue has been restated from January 1 st , 2013 to reflect the new • organization within operational division 12 Ingenico Group – FY 2014 Results

2014 / outstanding financial and operating performance FY 2014 FY 2013 FY 2013 Changes In M€ Pro forma Reported vs. FY13 PF Revenue 1,607 1,301 1,371 +19%* 604 600 Gross Profit 735 +22% In % of revenue 45.7% 46.4% 43.8% - 70 bpts 276 279 377 +37% EBITDA In % of revenue 23.4% 21.2% 20.3% + 220 bpts 324 235 239 +38% EBIT In % of revenue 20.2% 18.1% 17.4% + 210 bpts Net profit, 120 114 172 +43% attributable to shareholders *Growth rate at constant FX & scope 13 Ingenico Group – FY 2014 Results

FY14 results / including GlobalCollect contribution in Q4 2014 FY14 FY14 Q4’14/ GlobalCollect Historical scope Ingenico Group Revenue 1,512 95 1,607 Gross Profit 704 31 735 In % of revenue 46.5% 32.6% 45.7% 353 24 377 EBITDA In % of revenue 23.4% 25.3% 23.4% 301 23 324 EBIT In % of revenue 19.9% 24.2% 20.2% • LfL growth in Q4: +13% • EBITDA Margin positively impacted by USD increase / FX activities / reversal of accruals 14 Ingenico Group – FY 2014 Results

A very strong and sustained growth 1,607 Revenue (in M€) Year-on year: +17% 1,512 FX impact: -37M€ • GlobalCollect contribution in Q4: • 1,371 +95M€ 1,301 1,206 Like-for-like: +19% By geographies 1,001 Double digit growth across all regions • By business segment Terminals / Outstanding growth : +20% • FY11 FY12 FY13 FY14 Payment Services / • TransferTo contribution GlobalCollect contribution Strong performance: +17% 15 Ingenico Group – FY 2014 Results

Continued to leverage geographically differentiated strategy Asia Pacific +21%* Europe SEPA 18% +10%* 36% €1,607M EMEA 15% +19%* +23%* 13% 7% 11% Central Operations +48%* Latin America +17%* North America +47%* *Growth rate at constant FX & scope / excluding contribution of GlobalCollect in Q4 16 Ingenico Group – FY 2014 Results

Ingenico Group historical scope / Strong fundamentals across all business segments Payment in €M Terminals Total FY14* Services* Revenue 1,259 254 1,512 +19% Like-for-like growth +20% +17% 704 Adj. Gross profit 591 113 46.5% In % of revenue 47.0% 44.3% Terminals: Outstanding volume growth combined with supply chain’s optimization • Payment Services: Dilutive effect of business mix in Germany (acquiring services) • *Excluding GlobalCollect contribution in Q4 2014 17 Ingenico Group – FY 2014 Results

Ingenico Group historical business / operating expenses under control while investing for future growth drivers FY 2013 FY 2013 in €M FY 2014* pro forma reported Research & Development 112 105 94 119 121 Sales & Marketing 128 145 146 General & Administrative 163 369 361 403 Adj. Operating expenses In % of revenue 26.6% 28.3% 26.4% *Excluding GlobalCollect contribution in Q4 2014 Higher G&A costs related to Group expansion • Continued investments in future sources of growth, particularly in R&D for Telium Tetra • roll-out and online gateways evolution 18 Ingenico Group – FY 2014 Results

Net result attributable to shareholders up 43%* FY 2013 In M€ FY 2014 Pro forma Adj. EBIT 324 235 (30) Purchase Price Allocation (32) Other income & expenses (18) (14) Financial result & Equity Method (21) (18) Income before tax 252 174 Income tax (81) (56) Income tax rate 31.8% 33.0% 172 119 Net Result 172 120 Net Result, attributable to shareholders *vs. 2013 pro forma 19 Ingenico Group – FY 2014 Results